
Healthcare RCM Outsourcing Industry Research Report 2024
Description
Healthcare RCM Outsourcing Industry Research Report 2024
Summary
Healthcare industry is undergoing a transition with increased competition among healthcare service providers. Currently, companies are more focused on providing quality care at lower price to their patients. Increasing healthcare cost is an alarming concern in this industry. In order to achieve cost savings, the industry players have introduced significant innovations in non-clinical solutions such as simplified administrative costs. The administrative components comprise all the services that range from front-end to back-end services. The process starts from gathering information from patients, documentation record, submitting, analyzing, and eventually paying for medical bills. This whole spectrum of administrative services is considered as healthcare RCM. Revenue cycle management (RCM) is the fundamental process that enables a to be paid for providing their services. For most healthcare providers, RCM includes everything from pre-registering a patient all the way through the final zero balance invoicing for a particular visit.
According to APO Research, The global Healthcare RCM Outsourcing market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.
North American market for Healthcare RCM Outsourcing is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Asia-Pacific market for Healthcare RCM Outsourcing is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Europe market for Healthcare RCM Outsourcing is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The major global companies of Healthcare RCM Outsourcing include Conifer Health Solutions, nthrive (Medassets + Precyse), optum360, GeBBS Healthcare, Change Healthcare (Emdeon), McKesson RelayHealth, Parallon (HCA), MedData (Cardon Outreach) and MedAssist (Firstsource), etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Healthcare RCM Outsourcing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Healthcare RCM Outsourcing.The Healthcare RCM Outsourcing market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Healthcare RCM Outsourcing market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
Key Companies & Market Share Insights
In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
Conifer Health Solutionsnthrive (Medassets + Precyse)optum360GeBBS HealthcareChange Healthcare (Emdeon)McKesson RelayHealthParallon (HCA)MedData (Cardon Outreach)MedAssist (Firstsource)AvailityThe SSIAccretive Health (R1 RCM Inc)CernerHealthcare RCM Outsourcing segment by Type
Pre-interventionInterventionPost-interventionHealthcare RCM Outsourcing Segment by Application
Small & Rural HospitalsCommunity HospitalsLarge Hospitals & Academic Medical CentersHealthcare RCM Outsourcing Segment by Region
North AmericaUnited StatesCanadaEuropeGermanyFranceUKItalyRussiaNordic CountriesRest of EuropeAsia-PacificChinaJapanSouth KoreaSoutheast AsiaIndiaAustraliaRest of AsiaLatin AmericaMexicoBrazilRest of Latin AmericaMiddle East & AfricaTurkeySaudi ArabiaUAERest of MEA
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Healthcare RCM Outsourcing market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Healthcare RCM Outsourcing and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Healthcare RCM Outsourcing.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Healthcare RCM Outsourcing companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.
Table of Contents
122 Pages
- 1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
- 2 Market Overview
- 2.1 Product Definition
- 2.2 Healthcare RCM Outsourcing by Type
- 2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030)
- 2.2.2 Pre-intervention
- 2.2.3 Intervention
- 2.2.4 Post-intervention
- 2.3 Healthcare RCM Outsourcing by Application
- 2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030)
- 2.3.2 Small & Rural Hospitals
- 2.3.3 Community Hospitals
- 2.3.4 Large Hospitals & Academic Medical Centers
- 2.4 Assumptions and Limitations
- 3 Healthcare RCM Outsourcing Breakdown Data by Type
- 3.1 Global Healthcare RCM Outsourcing Historic Market Size by Type (2019-2024)
- 3.2 Global Healthcare RCM Outsourcing Forecasted Market Size by Type (2025-2030)
- 4 Healthcare RCM Outsourcing Breakdown Data by Application
- 4.1 Global Healthcare RCM Outsourcing Historic Market Size by Application (2019-2024)
- 4.2 Global Healthcare RCM Outsourcing Forecasted Market Size by Application (2019-2024)
- 5 Global Growth Trends
- 5.1 Global Healthcare RCM Outsourcing Market Perspective (2019-2030)
- 5.2 Global Healthcare RCM Outsourcing Growth Trends by Region
- 5.2.1 Global Healthcare RCM Outsourcing Market Size by Region: 2019 VS 2023 VS 2030
- 5.2.2 Healthcare RCM Outsourcing Historic Market Size by Region (2019-2024)
- 5.2.3 Healthcare RCM Outsourcing Forecasted Market Size by Region (2025-2030)
- 5.3 Healthcare RCM Outsourcing Market Dynamics
- 5.3.1 Healthcare RCM Outsourcing Industry Trends
- 5.3.2 Healthcare RCM Outsourcing Market Drivers
- 5.3.3 Healthcare RCM Outsourcing Market Challenges
- 5.3.4 Healthcare RCM Outsourcing Market Restraints
- 6 Market Competitive Landscape by Players
- 6.1 Global Top Healthcare RCM Outsourcing Players by Revenue
- 6.1.1 Global Top Healthcare RCM Outsourcing Players by Revenue (2019-2024)
- 6.1.2 Global Healthcare RCM Outsourcing Revenue Market Share by Players (2019-2024)
- 6.2 Global Healthcare RCM Outsourcing Industry Players Ranking, 2022 VS 2023 VS 2024
- 6.3 Global Key Players of Healthcare RCM Outsourcing Head office and Area Served
- 6.4 Global Healthcare RCM Outsourcing Players, Product Type & Application
- 6.5 Global Healthcare RCM Outsourcing Players, Date of Enter into This Industry
- 6.6 Global Healthcare RCM Outsourcing Market CR5 and HHI
- 6.7 Global Players Mergers & Acquisition
- 7 North America
- 7.1 North America Healthcare RCM Outsourcing Market Size (2019-2030)
- 7.2 North America Healthcare RCM Outsourcing Market Growth Rate by Country: 2019 VS 2023 VS 2030
- 7.3 North America Healthcare RCM Outsourcing Market Size by Country (2019-2024)
- 7.4 North America Healthcare RCM Outsourcing Market Size by Country (2025-2030)
- 7.5 United States
- 7.6 Canada
- 8 Europe
- 8.1 Europe Healthcare RCM Outsourcing Market Size (2019-2030)
- 8.2 Europe Healthcare RCM Outsourcing Market Growth Rate by Country: 2019 VS 2023 VS 2030
- 8.3 Europe Healthcare RCM Outsourcing Market Size by Country (2019-2024)
- 8.4 Europe Healthcare RCM Outsourcing Market Size by Country (2025-2030)
- 8.5 Germany
- 8.6 France
- 8.7 U.K.
- 8.8 Italy
- 8.9 Russia
- 8.10 Nordic Countries
- 9 Asia-Pacific
- 9.1 Asia-Pacific Healthcare RCM Outsourcing Market Size (2019-2030)
- 9.2 Asia-Pacific Healthcare RCM Outsourcing Market Growth Rate by Country: 2019 VS 2023 VS 2030
- 9.3 Asia-Pacific Healthcare RCM Outsourcing Market Size by Country (2019-2024)
- 9.4 Asia-Pacific Healthcare RCM Outsourcing Market Size by Country (2025-2030)
- 9.5 China
- 9.6 Japan
- 9.7 South Korea
- 9.8 Southeast Asia
- 9.9 India
- 9.10 Australia
- 10 Latin America
- 10.1 Latin America Healthcare RCM Outsourcing Market Size (2019-2030)
- 10.2 Latin America Healthcare RCM Outsourcing Market Growth Rate by Country: 2019 VS 2023 VS 2030
- 10.3 Latin America Healthcare RCM Outsourcing Market Size by Country (2019-2024)
- 10.4 Latin America Healthcare RCM Outsourcing Market Size by Country (2025-2030)
- 10.5 Mexico
- 10.6 Brazil
- 11 Middle East & Africa
- 11.1 Middle East & Africa Healthcare RCM Outsourcing Market Size (2019-2030)
- 11.2 Middle East & Africa Healthcare RCM Outsourcing Market Growth Rate by Country: 2019 VS 2023 VS 2030
- 11.3 Middle East & Africa Healthcare RCM Outsourcing Market Size by Country (2019-2024)
- 11.4 Middle East & Africa Healthcare RCM Outsourcing Market Size by Country (2025-2030)
- 11.5 Turkey
- 11.6 Saudi Arabia
- 11.7 UAE
- 12 Players Profiled
- 12.1 Conifer Health Solutions
- 12.1.1 Conifer Health Solutions Company Information
- 12.1.2 Conifer Health Solutions Business Overview
- 12.1.3 Conifer Health Solutions Revenue in Healthcare RCM Outsourcing Business (2019-2024)
- 12.1.4 Conifer Health Solutions Healthcare RCM Outsourcing Product Portfolio
- 12.1.5 Conifer Health Solutions Recent Developments
- 12.2 nthrive (Medassets + Precyse)
- 12.2.1 nthrive (Medassets + Precyse) Company Information
- 12.2.2 nthrive (Medassets + Precyse) Business Overview
- 12.2.3 nthrive (Medassets + Precyse) Revenue in Healthcare RCM Outsourcing Business (2019-2024)
- 12.2.4 nthrive (Medassets + Precyse) Healthcare RCM Outsourcing Product Portfolio
- 12.2.5 nthrive (Medassets + Precyse) Recent Developments
- 12.3 optum360
- 12.3.1 optum360 Company Information
- 12.3.2 optum360 Business Overview
- 12.3.3 optum360 Revenue in Healthcare RCM Outsourcing Business (2019-2024)
- 12.3.4 optum360 Healthcare RCM Outsourcing Product Portfolio
- 12.3.5 optum360 Recent Developments
- 12.4 GeBBS Healthcare
- 12.4.1 GeBBS Healthcare Company Information
- 12.4.2 GeBBS Healthcare Business Overview
- 12.4.3 GeBBS Healthcare Revenue in Healthcare RCM Outsourcing Business (2019-2024)
- 12.4.4 GeBBS Healthcare Healthcare RCM Outsourcing Product Portfolio
- 12.4.5 GeBBS Healthcare Recent Developments
- 12.5 Change Healthcare (Emdeon)
- 12.5.1 Change Healthcare (Emdeon) Company Information
- 12.5.2 Change Healthcare (Emdeon) Business Overview
- 12.5.3 Change Healthcare (Emdeon) Revenue in Healthcare RCM Outsourcing Business (2019-2024)
- 12.5.4 Change Healthcare (Emdeon) Healthcare RCM Outsourcing Product Portfolio
- 12.5.5 Change Healthcare (Emdeon) Recent Developments
- 12.6 McKesson RelayHealth
- 12.6.1 McKesson RelayHealth Company Information
- 12.6.2 McKesson RelayHealth Business Overview
- 12.6.3 McKesson RelayHealth Revenue in Healthcare RCM Outsourcing Business (2019-2024)
- 12.6.4 McKesson RelayHealth Healthcare RCM Outsourcing Product Portfolio
- 12.6.5 McKesson RelayHealth Recent Developments
- 12.7 Parallon (HCA)
- 12.7.1 Parallon (HCA) Company Information
- 12.7.2 Parallon (HCA) Business Overview
- 12.7.3 Parallon (HCA) Revenue in Healthcare RCM Outsourcing Business (2019-2024)
- 12.7.4 Parallon (HCA) Healthcare RCM Outsourcing Product Portfolio
- 12.7.5 Parallon (HCA) Recent Developments
- 12.8 MedData (Cardon Outreach)
- 12.8.1 MedData (Cardon Outreach) Company Information
- 12.8.2 MedData (Cardon Outreach) Business Overview
- 12.8.3 MedData (Cardon Outreach) Revenue in Healthcare RCM Outsourcing Business (2019-2024)
- 12.8.4 MedData (Cardon Outreach) Healthcare RCM Outsourcing Product Portfolio
- 12.8.5 MedData (Cardon Outreach) Recent Developments
- 12.9 MedAssist (Firstsource)
- 12.9.1 MedAssist (Firstsource) Company Information
- 12.9.2 MedAssist (Firstsource) Business Overview
- 12.9.3 MedAssist (Firstsource) Revenue in Healthcare RCM Outsourcing Business (2019-2024)
- 12.9.4 MedAssist (Firstsource) Healthcare RCM Outsourcing Product Portfolio
- 12.9.5 MedAssist (Firstsource) Recent Developments
- 12.10 Availity
- 12.10.1 Availity Company Information
- 12.10.2 Availity Business Overview
- 12.10.3 Availity Revenue in Healthcare RCM Outsourcing Business (2019-2024)
- 12.10.4 Availity Healthcare RCM Outsourcing Product Portfolio
- 12.10.5 Availity Recent Developments
- 12.11 The SSI
- 12.11.1 The SSI Company Information
- 12.11.2 The SSI Business Overview
- 12.11.3 The SSI Revenue in Healthcare RCM Outsourcing Business (2019-2024)
- 12.11.4 The SSI Healthcare RCM Outsourcing Product Portfolio
- 12.11.5 The SSI Recent Developments
- 12.12 Accretive Health (R1 RCM Inc)
- 12.12.1 Accretive Health (R1 RCM Inc) Company Information
- 12.12.2 Accretive Health (R1 RCM Inc) Business Overview
- 12.12.3 Accretive Health (R1 RCM Inc) Revenue in Healthcare RCM Outsourcing Business (2019-2024)
- 12.12.4 Accretive Health (R1 RCM Inc) Healthcare RCM Outsourcing Product Portfolio
- 12.12.5 Accretive Health (R1 RCM Inc) Recent Developments
- 12.13 Cerner
- 12.13.1 Cerner Company Information
- 12.13.2 Cerner Business Overview
- 12.13.3 Cerner Revenue in Healthcare RCM Outsourcing Business (2019-2024)
- 12.13.4 Cerner Healthcare RCM Outsourcing Product Portfolio
- 12.13.5 Cerner Recent Developments
- 13 Report Conclusion
- 14 Disclaimer
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.